Mexico inflation likely ticked down in first half of October: Reuters poll

By
MEXICO CITY (Reuters) – Mexico’s inflation likely eased in the first half of October, but still stuck above the central bank’s target, a Reuters poll showed on Monday, supporting bets the bank will maintain the benchmark lending rate at current levels for a prolonged time.A median forecast of 10 analysts predicts an annual headline inflation of 4.38% for the first two weeks of the month, the lowest rate since March 2021, but still above the monetary authority’s target of 3%, plus or minus one percentage point.Annual core inflation, which strips out some especially volatile energy and food prices, was seen at 5.49% during the same period, its lowest level since October 2021.Banxico, as the central bank is known, last month …

See the entire article on inflation, or, read more Arizona real estate investing news. It’s your call!